Operations Research Specialist
5 days ago
Operations Research Position:
We are seeking a skilled Operations Research Specialist to join our team at Q2 HR Solutions Inc. in an exciting opportunity to contribute to the success of our organization.
About the Role:
The position is responsible for optimizing the balance of inventory across the supply chain network in line with target customer service levels, levels of forecast accuracy, and safety stock levels for the portfolio of SKU for which they are accountable.
Key Responsibilities:
- Determines policies and reviews safety stock and inventory levels.
- Regularly reviews and optimizes inventory parameters and levels (e.g. reorder point, safety stock, ABC categorization).
- Places orders based upon agreed lead time and volume parameters.
- Accountable for quality and updates to Material Master Data.
- Accountable for supply policies (Economic Order Quantity (EOQ), scheduling, etc).
- Works closely with Logistics Service Provider coordinators.
- Prepares & assists in gap resolution as pre-work to the Sales and Operations Planning meeting.
- Determines & reviews safety stock and inventory settings quarterly.
- Defines ABC categorization to define safety stock settings.
- Reviews out of stock situations and defines actions to avoid this in the future (respecting the defined service levels per category).
Requirements:
- Bachelor's degree in Industrial Engineering or any business-related course.
- At least 2 years of experience working in Supply or Demand planning is required.
- Good understanding of end-to-end planning processes.
- Good knowledge of inventory policies and methodologies.
- System Knowledge [Microsoft Office esp. Excel – Pivot, VLOOKUP, etc].
Our Benefits:
- Competitive pay (up to 14th-month pay, profit sharing, pension plan, etc.).
- Health care benefits, such as paid sabbaticals, a fitness center, and more.
- A family-oriented program.
- Personalized career development plan.
- Independence and Autonomy.
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